Rebecca noted that the new DVD spinners had arrived, thanks
to Curt and David McWilliams. The third one has been put in the loft, but
probably won’t work because it’s too crowded when a children’s program is in
progress. The board agreed that we should try to sell the old unit and keep the
third of the new spinners in the basement.

The inner front door became impossible to open last week, so
Rebecca called Gatekeeper, a local locksmith. Just before the locksmith
arrived, Mark Chute returned the door to a functional state by playing with the
doorstop. Rebecca cancelled the service call, but soon received an email
notifying her that we would be billed because the locksmith was only five
minutes away. The $97.50 bill that arrived struck everyone as excessive, and
Rebecca will write to the company to ask it to reconsider.

The Turrell Foundation has informed us that we will receive
a $2,000 grant in March to support our children’s programming. Rebecca will
apply to the Bryne Foundation for a grant to supplement that and perhaps cover
the full cost of the programming.

Misc. Stuart Smith’s benefit concert is scheduled for April
at the church. Mike Hebb has offered to take out the brambles and otherwise
open up the library’s property behind the building to make it more attractive
and potentially useful. Marty checked with the Secretary of State’s office and
discovered that no articles of incorporation have ever been filed. Rebecca will
take care of the paperwork, which will cost the library $125. Rebecca received
a loan agreement to sign allowing the Indian artifacts owned by the library to
be housed at the Vermont Archaeology Heritage Center until they are
repatriated.

Treasurer’s Report:

Rachel presented the final draft of the 2016 budget, which
adjusted for a substantially smaller allocation from the endowment fund by lowering
the raise for the librarian to 1 percent, increasing the expected revenue from
grants, and making minor adjustments to other several expense line items. The
budget will also increase the hourly pay of the assistant librarian to $14.50.
The budget was adopted unanimously. Rachel also reported that the Library
Investment Committee has decided that the allocation of portfolio assets of the
endowment fund should be adjusted to a more aggressive 70-30 stock-bond ratio
in recognition of the fact that the library has no plan to draw upon the fund
in the near future.